Nguyễn Đình Thọ, director of the institute, told Việt Nam News that Việt Nam, along with the rest of the world, was grappling with three global crises of climate change, environmental pollution and biodiversity loss. There were many problems related to how to determine the value of biodiversity in Việt Nam. Việt Nam had implemented the Law on Biodiversity and developed the National Strategy on Biodiversity until 2030 with a vision for 2050. 'Fitting well'Telling Việt Nam News about biodiverse economy, Ben Groom, PhD, Dragon Capital chair in Biodiversity Economics, said: "When we use the term biodiverse economy, it fits very well with Việt Nam, which has incredible biodiversity and incredibly vibrant economy." Việt Nam is one of the fastest growing economies in the world and one of the most biologically diverse, according to the diplomat.